In the final part of our series, we’ll look at RSP Permian’s (RSPP) stock performance compared to the benchmark energy sector as well as the broader market as well as crude and natural gas prices.
RSPP had been on a downtrend in the initial part of 2017 but started rising in September, mirroring crude oil prices, as you can see in the image above.
RSPP’s stock had fallen 7% by the end of 2017 from its January 2017 levels. In comparison, the Energy Select Sector SPDR ETF (XLE) had fallen just 1% in the period.
Meanwhile, the S&P 500 SPDR ETF (SPY)(SPX-INDEX) rose 21%.
Crude oil prices rose 25% at the end of 2017 compared to January 2017, while natural gas prices fell 10%.